Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $900 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.

property at 3204 Beechcraft Dr

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

3204 Beechcraft Dr

AlexandriaVA22306
property at 2059 Huntington Ave

$1,450 - $1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

Studio To 1 Bedroom Rentals

Available Now

2059 Huntington Ave

AlexandriaVA22303

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 806 Jefferson St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

806 Jefferson St

AlexandriaVA22314
property at 2624 Wagon Dr

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Home for Rent

Available Now

2624 Wagon Dr

AlexandriaVA22303
property at 2301 Farrington Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

2301 Farrington Ave

AlexandriaVA22303

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Courts at Huntington Station
Rent Specials
$1,900 - $3,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,787 - $3,755
Required Monthly Fees
$113

Total Monthly Price
$1,900 - $3,868
Studio to 3 Bedroom Apartments Available Now

The Courts at Huntington Station

5950 Grand Pavilion WayAlexandria, VA 22303
Furnished
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  • Customer Reviewed
  • 3D Tour
property at 1016 Prince St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio, 1 Bath Home for Rent

Available Now

1016 Prince St

AlexandriaVA22314
property at 5709 Indian Ct

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Home for Rent

Available Now

5709 Indian Ct

AlexandriaVA22303
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The Foundry
Rent Specials
$1,947 - $5,586
Total Monthly Price

Total Monthly Price

Base Rent
$1,947 - $5,586

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Foundry

2470 Mandeville LnAlexandria, VA 22314
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 6507 10th St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

2 Bedroom, 1 Bath Home for Rent

Available Now

6507 10th St

AlexandriaVA22307

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 6621 Wakefield Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

6621 Wakefield Dr

AlexandriaVA22307
property at 706 S Fayette St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

706 S Fayette St

AlexandriaVA22314
property at 4852 Eisenhower Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

4852 Eisenhower Ave

AlexandriaVA22333
property at 6431 Richmond Hwy

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

6431 Richmond Hwy

AlexandriaVA22306
property at 6614 Boulevard View

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

6614 Boulevard View

AlexandriaVA22307

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Mount Vernon Gardens
Studio to 2 Bedroom Apartments

Mount Vernon Gardens

7417-7421 Fordson RdAlexandria, VA 22306
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The Ellsworth
Studio to 2 Bedroom Apartments

The Ellsworth

2801 Seay StAlexandria, VA 22314
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Jefferson Gardens
1 to 2 Bedroom Apartments

Jefferson Gardens

5877 Monticello RdAlexandria, VA 22303
  • Utilities Included
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Olde Towne West
1 to 4 Bedroom Apartments

Olde Towne West

500-524 S Alfred StAlexandria, VA 22314
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Kings Gardens
1 to 3 Bedroom Apartments

Kings Gardens

6300 S Kings HwyAlexandria, VA 22306
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Cherry Arms
1 to 3 Bedroom Apartments

Cherry Arms

7131 Richmond HwyAlexandria, VA 22306
property at 2322 Glendale Terrace

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

2322 Glendale Terrace

AlexandriaVA22303
property at 2330 Glendale Terrace

$1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

2 Bedroom, 1 Bath Home for Rent

Available Now

2330 Glendale Terrace

AlexandriaVA22303

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Penn Draw, Alexandria, VA Local Guide

Cheapest Available Penn Draw Apartments for Rent

 

The cheapest available apartment rental in the Penn Draw area of Washington, VA is a Studio unit found at Cityside Huntington Metro priced from $1,300. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,404. Here are the most affordable Penn Draw apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Cityside Huntington MetroStudio 430 sq. ft.Studio,1BA$1,300
Riverside ApartmentsTower 2 | Studio | S1AStudio,1BA$1,404
Mount Vernon Square Apartment HomesOne Bedroom - 665 sqft1BR,1BA$1,430
Haven Huntley Meadows1 Bedroom1BR,1BA$1,480
Meadow WoodsPatrick Henry2BR,1BA$1,599
Lafayette Apartments1 Bedroom+Den1BR,1BA$1,599
The Residences at North Hill1 Bedroom1BR,1BA$1,611
Kings Gardens1Bedroom 1Bathroom1BR,1BA$1,670
Beacon HillPiperStudio,1BA$1,670
Cherry Arms1Bedroom 1Bathroom1BR,1BA$1,747

Best Value Apartments for Rent in Penn Draw, VA

As of April 16, 2026 the best value apartment in the Penn Draw area is the $2.12 price per square foot 1Bedroom Den 1Bathroom Model at Kings Gardens in the in the Valley View neighborhood starting from $1,762. The second greatest value Penn Draw apartment is the The Ramsey Model at Rose Hill Apartments starting at $2,005 with a $2.69 price per square foot in the Maple Grove Estates neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kings Gardens1Bedroom Den 1Bathroom1BR,1BA$2.12
Rose Hill ApartmentsThe Ramsey1BR,1BA$2.69
The ShelbyJunior One Bedroom1BR,1BA$2.45
Lafayette Apartments1 Bedroom1BR,1BA$2.21
The Courts at Huntington StationOne Bedroom A1A1BR,1BA$2.69
Meadow WoodsPatrick Henry1BR,1BA$2.30
The Residences at North Hill1 Bedroom1BR,1BA$2.41
Mount Vernon Square Apartment HomesOne Bedroom - 665 sqft1BR,1BA$2.15
Haven Huntley Meadows1 Bedroom1BR,1BA$2.26
Cityside Huntington MetroStudio 430 sq. ft.Studio ,1BA$3.02

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Penn Draw Apartments

What is a cheap apartment in Penn Draw?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw is under $1,747.

What is the price of a cheap apartment in Penn Draw?

The cheapest apartment in Penn Draw is Mount Vernon Square Apartment Homes which is listed at $1,430, while the average apartment in Penn Draw costs $2,692.

What types of apartments are the cheapest in Penn Draw?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Penn Draw that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penn Draw?

Cheap apartments in Penn Draw have an average cost of $207 which is $2,485 cheaper than the average rent for all rentals in Penn Draw.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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